1-bed · 941 sqftMarina Park, Dubai Marina · 5th floor · completed 2006

501, Marina Park

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 29 August 2023
Last soldAED 700K3 July 2023
Current rentAED 60K /yr29 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Marina Park

What is 501 worth today?

Last sold for AED 700,000 in 2023

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29 Aug 2023RentedNew contract
AED 60,000/yr2 months · AED 64 per sqft
3 Jul 2023SoldReady
AED 700,000AED 743 per sqft
3 Nov 2022RentedNew contract
AED 60,000/yr12 months · AED 64 per sqft
10 Jun 2021RentedNew contract
AED 43,000/yr12 months · AED 46 per sqft
20 Apr 2020RentedRenewal
AED 51,000/yr12 months · AED 54 per sqft
20 Apr 2019RentedNew contract
AED 53,000/yr12 months · AED 57 per sqft
1 Oct 2012Sold by developerReady
AED 350,000AED 371 per sqft

Source: Dubai Land Department. Updated 29 August 2023.

Key facts

Type
1-bed apartment
Size
941 sqft
Floor
5th of 5
Parking
36B
Developer
Global Realty Partners
Completed
2006
Service charge
AED 12,600 /yr
Last sold
AED 700K · July 2023
Building
Marina Park

About 501, Marina Park

501 is a one-bedroom apartment of 941 sqft on the 5th floor of Marina Park, a 5-storey tower in Dubai Marina completed in 2006 by Global Realty Partners. It last sold on 3 July 2023 for AED 700,000, or AED 743 per sqft, 11% below the AED 838 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 29 August 2023, is AED 60,000 a year: a gross yield of 8.6% on the 2023 price, before the service charge of about AED 12,600 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Marina Park
500K2009201420192024Typical sale price by year: 2009 AED 343,170; 2010 AED 295,000; 2011 AED 356,250; 2012 AED 370,000; 2013 AED 562,500; 2014 AED 752,500; 2015 AED 650,000; 2016 AED 740,000; 2017 AED 635,000; 2021 AED 500,000; 2022 AED 562,500; 2023 AED 690,000; 2025 AED 700,000; 2026 AED 870,000Sold by developer, October 2012: AED 350,000 (AED 371 per sqft)Sold, July 2023: AED 700,000 (AED 743 per sqft)

501 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 501, each contractTypical one-bed in Marina Park
40K60K2013201720212025Typical rent by year: 2013 AED 55,000; 2014 AED 66,500; 2015 AED 68,250; 2016 AED 70,000; 2017 AED 66,500; 2018 AED 56,500; 2019 AED 52,000; 2020 AED 43,500; 2021 AED 37,000; 2022 AED 49,000; 2023 AED 58,000; 2024 AED 62,680; 2025 AED 65,000; 2026 AED 68,500New contract, April 2019: AED 53,000 a yearRenewal, April 2020: AED 51,000 a yearNew contract, June 2021: AED 43,000 a yearNew contract, November 2022: AED 60,000 a yearNew contract, August 2023: AED 60,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Marina Park, and where 501 sits

All 41 1-beds →

501 last sold in July 2023 at AED 743 per sqft, 11% below what one-beds in Marina Park were fetching at the time (AED 838). Over the last 12 months one-beds sold for AED 840,000 to 900,000, around AED 1,185 per sqft, and rent for AED 55,000 to 80,000 a year. 501's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 May 2026870,000
21 Feb 2026840,000
2 Jan 2026900,000
8 May 2025625,000
3 1-bed sales in the last 12 months

Marina Park

Building

73 apartments, 1-bed to 4-bed over 5 floors in Dubai Marina, completed in 2006 by Global Realty Partners. 4 sold in the last 12 months.

Typical price per sqft
AED 1,165
Typical sale
AED 885K
Typical rent
AED 85K /yr
Typical yield
7.3%
Marina Park, Dubai Marina: prices, sales and rents →

Other units on the 5th floor

All 73 units in Marina Park
Value
5022-bedAED 1.31M · Jun 2025
5032-bedAED 1.2M · Jan 2024
5042-bedAED 950K · May 2022
5052-bedNo registered sale
5062-bedAED 635K · Dec 2012
5072-bedAED 1M · Dec 2018
5082-bedAED 1.2M · Oct 2024
1–7 of 13

501, Marina Park in numbers

  • Sold twice: first on 1 October 2012 for AED 350,000, last on 3 July 2023 for AED 700,000 (AED 743 per sqft).
  • Rented since April 2019 on 5 Ejari contracts. The rent fell from AED 53,000 to AED 43,000 in 2021 and recovered to AED 60,000 by August 2023.
  • At AED 60,000 a year the gross yield on the 2023 price is 8.6%, before a service charge of about AED 12,600 a year (AED 13.42 per sqft).
  • One-beds in Marina Park sold for AED 840,000–900,000 in the 12 months to November 2026; the building's median across all types is AED 1,165 per sqft.

Source: Dubai Land Department. Updated 29 August 2023.

Questions about 501, Marina Park

What did unit 501 last sell for?

AED 700,000 on 3 July 2023: AED 743 per sqft for 941 sqft. The unit has 2 registered sales; the first was AED 350,000 in October 2012.

What is the rent for unit 501?

AED 60,000 a year on the contract signed on 29 August 2023. The previous contract, from November 2022, was AED 60,000; the unit has been rented since April 2019.

How big is unit 501?

941 sqft (87.4 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2006.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Marina Park sold for AED 840,000 to 900,000 in the last 12 months, around AED 1,185 per sqft.

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Mortgage on 501, Marina Park

Starts from the last sale price (AED 700K, 3 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →